News
Insurance
Losses increased at Bermuda-based Maiden Holdings despite taking several strategic measures to de-risk its balance sheet in an "extremely difficult year", but its CEO Lawrence Metz believes that the performance will start to improve in 2019 as it nears the end of its review process. 18 March 2019
Insurance
Last night the UK Parliament voted in favour of requesting an extension to Article 50 and consequently a delay to Brexit beyond the 29 March deadline. 15 March 2019
Insurance
Marsh & McLennan Companies is issuing €1.1 Billion senior notes to help fund its acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT). 15 March 2019
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has appointed Nick Greggains as new chief executive officer of its US operations. He joins from XL Catlin. 15 March 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is launching a management assurance policy (MAP) in the US that expands its primary professional lines insurance offering for private companies to include commercial crime and cyber liability risks. 15 March 2019
Insurance
The insured property losses caused by the Townsville flood in Queensland, Australia from January 26 to February 10, 2019 is expected to be A$957 million ($678 million), according to PERILS. 15 March 2019
Insurance
Insured losses from European winter wind storm Eberhard are expected to be between €900 million and €1.5 billion, according to catastrophe risk modelling firm AIR Worldwide. 14 March 2019
News
Reinsurer PartnerRe has entered into a transaction with Manufacturers Life Insurance Company (Manulife) to reinsure longevity risk from an in-force block of Canadian group payout annuities. 14 March 2019
Insurance
Zurich Australia Insurance, a part of Zurich Insurance Group, has entered into an underwriting agency partnership that it hopes will boost its capacity in the mergers and acquisitions (M&A) insurance space. 14 March 2019
Insurance
Broker Willis Towers Watson has appointed David Ripton as its head of broking for global marine in its corporate risk and broking unit. 14 March 2019
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